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DTCC seeks eventual T+1 cycle
25 April 2014 New York
Reporter: Georgina Lavers

DTCC has recommended that the US trade settlement cycle for equities, municipal and corporate bonds and unit investment trusts be shortened from T+3 to T+2...

Kate Campbell joins AMP Capital
24 April 2014 London
Reporter: Georgina Lavers

The asset management firm AMP Capital has appointed Kate Campbell as institutional director of Europe, to be based at the firm’s London office...

Hedge fund forward redemptions dip in April
24 April 2014 Connecticut
Reporter: Georgina Lavers

The SS&C GlobeOp Forward Redemption Indicator for April 2014 measured 3.23 percent, down from 3.81 percent in March...

John Groetchas joins Lombard Risk Management
23 April 2014 New York
Reporter: Tammy Facey

Financial expert John Groetchas joins Lombard Risk Management as regional sales director...

Institutions look to the open range
23 April 2014 New York
Reporter: Georgina Lavers

Official institutions are looking to new markets and a broader range of assets as they search for greater returns, according to a new report by State Street...

Citco sells up Cork business to Clearstream
23 April 2014 Cork
Reporter: Georgina Lavers

Citco has sold its Irish hedge fund custody processing business to Clearstream...

Allfunds Bank nabs BWCI mandate
22 April 2014 London
Reporter: Tammy Facey

Actuarial consulting and administration services provider BWCI will begin using Allfunds Bank’s wealth management administration platform...

BNP Paribas names new head of sales for debt market
22 April 2014 US
Reporter: Tammy Facey

Jamie Pratt is the new head of sales Americas for debt market services at BNP Paribas Securities Services...

BNY Mellon makes Ryland Pruett national sales manager
22 April 2014 US
Reporter: Tammy Facey

The Dreyfus Corporation adds a new face to its national sales team for parent company BNY Mellon...

Shane Kuros joins CIBC Mellon as head of sales
22 April 2014 Canada
Reporter: Tammy Facey

CIBC Mellon expands asset servicing relationship capabilities in Canada with new vice president....

ICBC plumps for ISO 20022
22 April 2014 Beijing
Reporter: Georgina Lavers

Industrial and Commercial Bank of China Financial Services, a wholly owned subsidiary of ICBC, has gone live with DTCC ISO 20022 corporate actions message format using SunGard’s XSPrisa technology...

NSD conducts operational audit
17 April 2014 Moscow
Reporter: Georgina Lavers

National Settlement Depository (NSD), Russia’s central securities depository, has undergone an operational audit conducted by PricewaterhouseCoopers in accordance with ISAE 3402...